"Apple is set to release its new iPhones next month, but shipment prospect of the new devices are expected to be weak. Apple's inventory preparations for the new iPhones for 2019 will be lower than the 90 million units it prepared for the launch of the XR, XS and XS Max in 2018, with actual shipments of the upcoming devices to reach only 70 million units this year, according to Digitimes Research. The new iPhones' shipment outlook may be weak, but Apple remains one of the biggest clients of TSMC, who manufactures the A13 processor at its 7nm node. For TSMC, sales in second-half 2019 and in 2020 will be robust, driven by strong demand for its 7nm and more advanced processes."
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